Yahoo Embraces A ‘Google’ Approach To ManagementVW Staff
Marissa Mayer, the new Yahoo! Inc. (NASDAQ:YHOO) CEO, has marked the onset of her career with a lot of enthusiasm. In the second official all-hands meeting with employees, the CEO rolled out a Q & A tool, which more or less sources its functionality from Google Inc (NASDAQ:GOOG). During the official meeting, now supposedly called the Friday FYI, Mayer noted that the Q&A tool would be instrumental in allowing the company to narrow down on the things that matter.
A quick sneak peek into the Q&A tool reveals that it uses a very basic, yet effective method. The system allows anyone at Yahoo to post suggestions, ideas, or questions on a varied range of topics. After everyone has posted suggestions, topics that receive majority votes are forwarded for further discussion.
While this system is new on Yahoo! Inc. (NASDAQ:YHOO), Google has had it for quite some time. In fact, Google Inc (NASDAQ:GOOG) even publicly availed the tool through a product known as Google Moderator.
Mayer, who has loyally served Google Inc (NASDAQ:GOOG) for 13 years of her career, prior to the big job at Yahoo! Inc. (NASDAQ:YHOO)?, has surprised many. It seems as if Google was so good, that the canny Chief Executive came to Yahoo with a part of it. In fact, her inclination towards Google is etched in most of the corporate practices that she has introduced. Apart from the Q &A tool, Yahoo also offers free food to staff- something that has since been synonymous with Google.
A diplomatic Mayer exclaimed that she was pleased with the top executives. This of course came after an anonymous query suggested that a section of the company was raising eyebrows about her decision to implement algorithm accountability for executives.
Another thing that Mayer touched on was the leaks to the media, citing that something had to be done about the situation. To the surprise of many, the commonly unsuccessfully board moles will be replaced by a new system of openness and transparency. As if to exclaim her point, Mayer remarked that the management would set up quarterly goals that would be transparent to the whole company.
While there was no mention of Jerry Yang, co-founder and former CEO of Yahoo, the increased inclination towards David Filo yet again, caught the eye of many. In fact, Yahoo’s involvement with the co-founder seems to be more profound under Mayer’s watch. Filo who owns more than 6 percent of the Internet big wig, has surprisingly been reporting to a range of executives for the past several years and will now report directly to Mayer.